Common use of Capitalisation of Profits or Reserves Clause in Contracts

Capitalisation of Profits or Reserves. 1. If and whenever the Company shall issue any Shares credited as fully paid to the Shareholders by way of capitalisation of profits or reserves including, Shares paid up out of distributable profits or reserves and/or share premium account (except any scrip dividend) and which would not have constituted a distribution, the Conversion Rejection Price shall be adjusted by multiplying the Conversion Rejection Price in force immediately before such issue by the following fraction:

Capitalisation of Profits or Reserves. 1. (a) If and whenever the Company shall issue any Company Shares credited as fully paid to the Shareholders holders of the Company Shares (the “Company Shareholders”) by way of capitalisation of profits or reserves including, (including any share premium account) including Company Shares paid up out of distributable profits or reserves and/or share premium account (except any scrip dividendScrip Dividend) and which would not have constituted a distributionDistribution, the Conversion Rejection Exchange Price shall be adjusted by multiplying the Conversion Rejection Exchange Price in force immediately before such issue by the following fraction:

Capitalisation of Profits or Reserves. 1. (i) If and whenever the Company shall issue any Shares credited as fully paid to the Shareholders holder of Shares (“Shareholders”) by way of capitalisation of profits or reserves including, and/or share premium account (including Shares paid up out of distributable profits or reserves and/or share premium account (except any scrip dividendScrip Dividend)) and which would not have constituted a distributionDistribution, the Conversion Rejection Subscription Price shall be adjusted by multiplying the Conversion Rejection Subscription Price in force immediately before such issue by the following fraction:

Capitalisation of Profits or Reserves. 1. (i) If and whenever the Company shall issue any Shares credited as fully paid to the Shareholders holders of Shares (“Shareholders”) by way of capitalisation of profits or reserves (including, Shares issued and paid up out of distributable profits or reserves and/or share premium account (except any scrip dividendScrip Dividend) and which would not have constituted a distributionCapital Distribution, the Conversion Rejection Price shall be adjusted by multiplying the Conversion Rejection Price in force immediately before such issue by the following fractionfollowingfraction:

Capitalisation of Profits or Reserves. 1. (aa) If and whenever the Company shall issue any Shares credited as fully paid to the Shareholders holders of Shares (“Shareholders”) by way of capitalisation of profits or reserves (including any share premium account) including, Shares paid up out of distributable profits or reserves and/or share premium account issued (except any scrip dividendScrip Dividend) and which would not have constituted a distributionDistribution, the Fixed Conversion Rejection Price shall be adjusted by multiplying the Fixed Conversion Rejection Price in force immediately before such issue by the following fraction: Where:

Capitalisation of Profits or Reserves. 1. (i) If and whenever the Company shall issue (other than pursuant to a scrip dividend scheme in lieu of a cash dividend) any Shares credited as fully paid to the Shareholders by way of capitalisation of profits or reserves including, Shares paid up out of distributable profits or reserves and/or (including any share premium account (except any scrip dividend) and which would not have constituted a distributionor capital redemption reserve fund), the Conversion Rejection Warrant Subscription Price in force immediately prior to such issue shall be adjusted by multiplying the Conversion Rejection Price in force immediately before such issue it by the following fraction:: C

Capitalisation of Profits or Reserves. 1. (i) If and whenever the Company shall issue any Shares credited as fully paid to the Shareholders holders of Shares (“Shareholders”) by way of capitalisation of profits or reserves (including any share premium account) including, Shares paid up out of distributable profits or reserves and/or share premium account issued (except any scrip dividendScrip Dividend) and which would not have constituted a distributionDistribution, the Conversion Rejection Price shall be adjusted by multiplying the Conversion Rejection Price in force immediately before such issue by the following fraction:

Capitalisation of Profits or Reserves. 1. If and whenever the Company shall issue any Shares credited as fully paid to the Shareholders by way of capitalisation of profits or reserves including, Shares paid up out of distributable profits or reserves and/or (including any share premium account (except any scrip dividend) and/or capital redemption reserve), other than Shares issued in lieu of the whole or a part of a cash dividend and which other than an issue that would not have constituted amount to a distributionCapital Distribution, the Conversion Rejection Price shall be adjusted by multiplying the Conversion Rejection Price in force immediately before such issue by the following fraction:fraction:- where